Why The Eddie Murphy Rule is About More Than Orange Juice

Because of a wonderful orange juice scam in “Trading Places,” the Eddie Murphy Rule wound up in the 2010 Dodd-Frank financial regulation act.

Why It’s Tough to Make Stock Market Predictions

The long term increase of the S&P 500 and the Dow Industrials misleadingly entices investors to believe that it’s easy to make stock market predictions.

Banking on Marijuana

Reflected by duffle bags filled with cash, marijuana’s financial services problems demonstrate why we need banks and other financial intermediaries.

A New Product That Pays For College

Like other new goods and services that people invent, the Income Sharing Agreement (ISA) is a financial innovation that pays for college tuition.

How Norway Avoided Dutch Disease

Avoided by Norway, Dutch disease is contracted by nations that let a commodity windfall dominate what they produce and spend.

Why Times Should Change

Deciding whether to spring forward to DST and fall back relates to a bigger debate about coordinating time throughout the United States.

How a Sock Puppet Created a Bubble

Ranging from sock puppets in 2000 to the spread of the automobile in the 1920s, the causes of market bubbles are different and yet similar.

Six Facts: What We Need To Know About World Debt

The six facts that summarize world debt identify the big borrowers, the risky borrowers, and the criteria for deciding how much to worry.

U.S. Steel and Apple: From One Billion to One Trillion

Rather like Apple just became the first trillion dollar corporation, in 1901 U.S. Steel took us past the billion dollar threshold.

Why Wall Street Might Care About Femtoseconds

Whether looking at the nineteenth century or now, Wall Street has always had fast traders who knew how to get the news before their competitors.